Top Navigation

Green Real Estate Law JournalDiscussing current issues in construction and real estate law as they relate to sustainability, from the perspective of owners, builders, and design professionals. Published by Stephen Del Percio, B.Eng., J.D., LEED AP.

The UK’s Better Buildings Partnership has released an updated version of its Green Lease Toolkit, which includes a sample Memorandum of Understanding for environmental lease objectives, and is an important addition to the growing compendium of available green leasing resources.

A new green leasing tool from the Institute for Market Transformation and the Retail Industry Leaders Association has the ambitious goal of beginning to disseminate green leasing practices within the retail industry, which has generally lagged behind office markets in implementing sustainability within leasing documents.

Some persisting trends in commercial leasing abroad could suggest how future green leasing markets in North America might look if data-driven regulatory activity increases at the state and local levels.

In a move that it describes as “transformative,” one of the UK’s largest retailers has announced a major initiative that will incorporate green lease obligations into all of its new and existing shopping center and retail park leases.

With Greenbuild underway in San Francisco, two public leases are coming under scrutiny from city officials because of perceived LEED Gold certification costs, required for all of the city’s office leases larger than 5000 square feet.